Consol Energy Inc. - 2011-03-10

Closed a private offering of 6.375% senior notes due 2021. The company plans to use the net proceeds to pay its outstanding 7.875% senior secured notes due March 1, 2012, on or before their maturity. Pending such use, the proceeds may be used to reduce outstanding indebtedness under the company's short term credit facilities and accounts receivable securitization facility and may be used for general corporate purposes.